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, sequester, the debt ceiling, all of those issues seem to be moving out later into the year. so as a result the impediments that were slowing the economy down over the last couple of quarters we think will result in better economic growth. the equity market is starting to sense that. i think to some degree that is some of the reasons why the markets ignored washington and ignored sandy so far this year and is up 10% or so. >> that is why you have such a bullish forecast for the s&p. you are calling for it to end the year at 16.60. it is all going to play out pretty strongly. >> we think corporate earnings will chug along may increase about $108 full year for the s&p. we think we will get a little multiple expansion from 14 to 15 times as treasury yields continue to work higher. that will drive out of bounds and into stocks. we think the equity market ends up with a 15% to 20% positive return for the year. >> that is a good way to turn to stocks that are going to perform well. you have len on the big board as your top pick. you reported the blowout earnings this year. the stock has been on a
long? >> until september 30th i believe. >> and then there will be a debt ceiling fight in may. >> bill: i was getting to that. >> that's right. and republicans said if you are going to raise the debt ceiling they still want the same amount of cuts to go through. president obama has made it very clear to house republicans he is not going to negotiate on debt ceiling, just pass it clean, but they are probably going to put up a fight. >> bill: democrats last time made a lot of political hay, by taking the ryan budget and hanging it republican's necks. and they are going to do that this time? >> i am told they are making at it central focus of the 2014 campaign. however, republicans -- remember what happened last time. and they are trying to get out in front now. this budget balances the budget in ten years. they are confidence the balanced budget message will resinate with the american people. and so there are the first television ads using the balanced budget message as their key point in new york and florida. >> bill: interesting they would pick new york and f
these constant crises, the , so that made another issue. and now we have the debt ceiling and on and on and on. it never ends. people get concerned. you look at consumer confidence, and it has since passed continued to decline. a function of not knowing what is going on in the we shouldr, i guess say, in the government, in terms of what they're doing with budget and taxes and everything else. host: we will talk with april -- reporter on the hill. ,et's go to fredericksburg virginia, republican, also a federal worker. caller: hi. i am with the department of defense, and we have done it numerous options on how to deal with the sequester. the department of defense has been hours with the sequester. it has certainly affected the tempo of our work. i think it is going to severely affect defense workers morale in a lot of ways. this is really ridiculous. both senatorsto from june -- virginia. unless they fix this things, i am not going to vote for them. atm looking very closely how my congressman is handling the situation. anything to doing fix it, i will try and vote him out, also. the congressmen
reforms and any debt ceiling deal she says republicans want to eliminate medicare and privatise social security. >>> if the goal is to have them wither on the vine or reduced in a way that does not meet their purpose, then those are fighting words. >> fighting words. >>> and some very strong words on the floor of the house yesterday, thursday, rather, from minnesota republican congresswoman michelle bachmann about repealing the affordable care act. >> that's why we're here. because we're saying let's repeal this failure before it literally kills women, kills children, kills senior citizens. let's not do that. let's love people. let's care about people. >> and that's your morning's dish of scrambled politics. >>> and bill karins is here. let's love people, bill. do you have a good weather report for us? >> no. i should just turn around and leave and go back home. i wish i was a bear and could hibernate and wait until it's spring. wait, it is spring. the bear is very confused. so is punxsutawney phil. that was a bust. let's talk about the wind chill. half the country has a whipped chill
of the deal by extending the debt ceiling. because they wanted to make the democrats vote on a budget. lou: how can so many members of our senate continued to spend whatever and the like they have on these procedural maneuvers. >> that is basically what the senate does. >> there i go. >> constituency to get the house and the senate together. no presidential leadership yet for a grand bargain. no sense that we can reform the tax system and entitlements. perform defense and have a rational rational and reasonable defense. >> why in the world is the president of the united states not moving forward with a budget that would be a blueprint to resolving those proposals? >> the words that seem to be operative here are cowardice or opportunism. it has to be one of the two. >> to do the wrong thing continually is not the act of a coward. lou: are you saying that the president is incapable of doing the right thing? >> i'm comparing how talented this man is. >> why doesn't he apply that? >> you know, that turns out to be laughable. the odds are empirically before him. you know, that is just unreasona
black male on the debt ceiling. ceiling does not taste do not spend more money. -- does not say do not spend more money. you cannot payy, the bills and have to pay the bills. otherwise the country defaults. you have to pay the bills. ceilingraised the debt 77 times since world war ii. in the end, you have a vote for it and everybody knew that. until now. if you increase the debt ceiling, you have to cut spending by an incredible amount over 10 years. they were going to make the false. -- to make as default for the congress voted for will $0.20 trillion specified in -- todeficias a percent of the eco. if you el ten del dollars on a credit card, as that a lot or a little? -- if you owe $10,000 on your credit card, is that a little or a lot? to look and how burdensome the debt is, you have to take a percentage is. we have reduced the debt as a from 10.1% togdp 5.3%. we have cut it in half. the fastest reduction in the deficit since the demobilization after world war ii. vote against the sequester. at the three have done what we need to do on the debt right now. -- i think we have done
feel like we're headed toward this sort of late spring, early summer debt ceiling showdown. am i wrong? then from a policy perspective, can the two sides meet? >> well, i think it's important to remember that we actually have had two and a half trillion dollars of deficit reduction agreed to already. and in all of the votes that they've taken so far we've had significant deficit reduction and both taxes but mostly in spending. and i would say, you know, it does feel like groundhog day because we've gone through two and a half years. great movie. not so great when it's congress. >> not fun when it's real. right. >> but we feel like we have this, i mean, how many times has speaker boehner said one to one? i know it's tiring but the idea that we're going to negotiate the debt limit? i mean, i think it's -- the president should refuse to negotiate on the debt limit. >> he has in the past. >> i think he should hold to that position now because i think the challenge for republicans is that this whole debate has weighed them down as a party. their numbers get worse every time they go through
. from there, a lot of the big stuff will go away and the next looming thing will be the debt ceiling. that is something we have not heard much about the last few weeks, but that is on the horizon. pete kasperowicz, thank you for talking with us. guest: sure, any kind. -- any time. >> expect a series of amendment votes. .ollow the senate on c-span two on c-span three, a group of middle east specialist will politics since the fall of hosni mubarak. divided between the muslim brotherhood and the secular opposition parties. the event is hosted by the rand corporation at 10:30 a.m. eastern on c-span three. yesterday, former u.s. ambassador to iraq dissipated in a discussion about the current political situation in .raq and there is factions the discussion included the former iraqi ambassador to the u.s. and a former ambassador to the iraq ambassador. the 90 minute discussion was hosted here in washington. >> ladies and gentlemen, good morning. i am jessica mathews. it is a pleasure to welcome you today to take stock 10 years after the launch of what turned out to be america's second- long
when they are facing a sequester frankly. the debt ceiling back in 2011. half our time in the senate between january and june, half of our time was not spent on legislative business. in fact in 2011 alone, it was one of the fewest number of days we've been in session since 1992 and here it was coinciding with one of the event that created the highest level of policy uncertainty of any event over the last 20 years, surpassing the wars, surpassing the financial crieses, september 11th. just to name some major events. and that debt ceiling debacle did more to disrupt the public's confidence in the integrity of the political process in washington. so you have to make your elected officials accountable. have you social immediate yafment you can build an online community snainsly and you get a message multiplire. by doing that you can find out where your law makers are. are they in session five days a week? they should be working. these are things you can be doing now. these are simple solutions but concrete ones. how can you deal with the issues of our day in two and a half days a week. t
will be what do we do with this new debt ceiling. that's an issue that's on the horizon for may. they'll have to figure out how to do this. >> host: pete kasperowicz, thanks very much for talking with us. >> guest: sure. anytime. >> and president obama continues his trip to the middle east with a stop in jordan today. the prime minister's meeting with king abdullah, and he'll talk with reporters after that meeting. you can see their comments live at 11:45 eastern on c-span. >> monday night on ifs first ladies," called a bigamist during her husband's 1828 presidential campaign, rachel jackson dies of an apparent heart attack. his niece, emily donaldson, becomes the white house hostess but is later dismissed as fallout from the scandal. and during the next administration, angelica van buren is the hostess for her father-in-law, president martin van buren, who is a widower. we'll include your questions and comments by phone, facebook and twitter live monday night on c-span and c-span3, also on c-span radio and c-span.org. >> coming up next, a panel looks at how the small business community has b
and the debt ceiling. it seemed like he was a on a roll in the early weeks. >> right, jon, but that may establish the point which is, that if you start out with a lower level of popularity than presidents traditionally started out, their second term, you have further to fall, to rise in the polls if you're numbers go up but you have less to fall if, below to get that below that 50% mark. if you start out with a highly partisan, politicized electorate they will really come down on you like a ton of bricks if you do anything they don't like, which is a point that nate silver made in a recent analysis on the polling drop. i think coming right after this, the president's, what seems to be a very successful trip to the middle east just shows you that the american people are focused on the economy and they're focused on economic uncertainty. they're not focused on foreign policy as much as some of us would like, they really care about whether or not he's going to deliver any economic prosperity in the second term. jon: as we look at that video of the president shaking hands with world leaders
] >> two years ago when doug holtz-eakin and i were leading a discussion on the lifting of the debt ceiling, some other republicans who were there actually walked out of the room. this year we did not have that. more willing to listen. wing of theextreme tea party typically does not attend the harvard new members conferences. [laughter] >> among economists, is very significant debate about your estimate, and if so, what are would we bees that doing that we would be tangling with you on? >> that is a great question. the original estimates came back to us early on from a former student of mine who was working in the administration and who is a brilliant student from omb. he called me and said i have been tasked with setting up a committee to scrutinize all the numbers in your book and to discredit them. i just want to let you know that. i said ok, fine. he came back to me six months later and said i want to tell you we have been through the book with a fine tooth comb. we cannot discredit any of the numbers because they are all on our own numbers. we are going to argue that it was worth it. d
Search Results 0 to 11 of about 12

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